WS #10094
Ukrainian drones struck the Moscow Oil Refinery in the largest attack on the capital since the war began, destroying all capacity at the 12M-ton/year facility and disrupting air traffic, marking a major escalation. Oil prices fall as U.S.-Iran deal to reopen Strait of Hormuz takes effect, but Goldman Sachs warns tanker traffic may never fully recover to pre-war levels.
Ukraine Drone Strike on Moscow Refinery
Ukrainian drones struck the Moscow Oil Refinery in the largest attack on the capital since the war began, destroying all capacity at the 12M-ton/year facility and disrupting air traffic, marking a major escalation.
Oil prices fall as U.S.-Iran deal to reopen Strait of Hormuz takes effect, but Goldman Sachs warns tanker traffic may never fully recover to pre-war levels.